Question
29. Which of the following acts as the ultimate disciplinary body for the accountancy profession in the UK? A. Financial Conduct Authority (FCA) B. ICAEW
29. Which of the following acts as the ultimate disciplinary body for the accountancy profession in the UK?
A. Financial Conduct Authority (FCA)
B. ICAEW
C. Financial Reporting Council (FRC)
D. International Federation of Accountants (IFAC)
30. Prism plc, a manufacturer, is seeking to reduce operating costs, Dylan, the Marketing Director, has suggested restricting performance measures just to how far operations managers have met target for cost reduction.
In preference to all other aspects Dylan is advocating measuring resource use only in terms of
A. efficiency
B. effectiveness
C. economy
D. productivity
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